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fxspott

Here is our analysis on XAU/USD RECAP: In our previous analysis Gold was trading at $1810 We expected the pair to be bearish & trade back in the $1790-$1780 range and that's exactly what the pair did. The pair hit lows of $1783 triggering our Sell Stop at $1800 and hitting TP at $1790 enabling us to bank 200 pips on Gold WHAT TO EXPECT: Currently Gold...

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Here is what to expect on EURUSD RECAP: In our previous analysis EUR/USD was trading at 1.21600 We expected the pair to go trade back to its previous support at 1.21400 before continuing its bullish trend And this is exactly what happened The pair triggered our Sell Stop at 1.21500 before going back to resistance at 1.21800 where we opened more Sell orders &...

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Here is what to expect on EUR/USD RECAP: In our previous analysis EUR/USD was trading at 1.20900 We were bearish on the pair but still expected it to be bullish and test the 1.21400 support/resistance which it did. The pair triggered our Buy Stop at 1.21100 & hit our TP at 1.21300 enabling us to bank 300 pips on the pair before going back to the...

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Here is what tp expect on Gold RECAP: In our previous analysis Gold was trading at $1786 We expected the pair to be range bound between $1790-$1765 The pair did dip below the $1765 mark before going back to $1770 zone Yesterday the pair managed to break above $1790 and triggered our buy stop at $1795 and hitting our TP at $1805 which we set in our previous...

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Here is what to expect: RECAP: In our previous analysis GBP/USD was trading at 1.39100 We expected a reversal but the rejected our expectation and continued its bullish momentum. GBP/USD has reached new year highs of 1.40500. Our Buy Stop was triggered at 1.39300 and closed at 1.40, banking 1400 pips on the pair despite not meeting our expected reversal from...

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Here is what to expect: RECAP: In our last analysis EUR/USD was trading at 1.20943 We expected the pair to continue a move to the downside towards that 1.20800-1.20600 zone The pair did exactly this but broke below that support/resistance at 1.20600 triggering our sell stop at 1.20600 And hitting our TP at 1.20400 The pair hit lows of 1.20230 and we managed...

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Here is an update on GBP/USD RECAP: In our previous analysis GBP/USD was trading at 1.38943 We expected a further move to the downside on the pair and this is exactly what happened The pair hit lows of 1.38300 triggering our Sell Stop at 1.38800 and hitting our TP1 at 1.38600, We hoped that the pair would hit our 2nd TP at 1.38000 but that did not happen so...

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Here is an update on XAU/USD RECAP: In our previous analysis XAU/USD was trading at $1788 We expected a reversal after a bullish harmonic pattern had formed. We cautioned of a high possibility of a further move to the downside and this is what happened. Gold reached lows of $1769 triggering our Sell Stop at $1780 and hitting our TP at $1770 banking 200 pips...

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Here is what to expect on Gold RECAP: In our Previous analysis gold was trading at $1812 We expected Gold to trade back to previous support at $1830 and this is exactly what happened Then we had Buy Stop orders at $1835 in case Gold broke above support, but this did not happen as support turned to resistance. Bulls struggled to push the pair beyond $1830 and...

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Here is what to expect: RECAP: In our previous analysis EUR/USD was trading at 1.21240 We expected the pair to retrace back to 1.20800 but this retracement was rejected and the pair reached highs of 1.21700 triggering our buy stop at 1.21550 which we closed at 1.21650 after a bearish harmonic pattern had formed signaling a reversal. We Capitalized on this...

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Here is what to expect on the GBP/USD Pair RECAP: In our previous analysis GBP/USD was trading at 1.39069 We expected a movement to the downside as the pair had reached new year highs of 1.39 and was getting close to the edge of its ascending channel. We expected a very bullish DXY this week The pair continued a move to the upside reaching highs of 1.39510,...

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Here is what to expect on the EUR/USD RECAP: In our last analysis on last Friday EUR/USD was trading at 1.21130 We expected the pair to continue to fall to at least 1.20800 before a reversal back to the 1.21 zone Bullish Cypher had formed on the 1H chart signaling a reversal The pair did exactly as we expected and triggered our new buy stop at 1.21250 and hit...

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Here is an what to expect on the GBP/USD pair RECAP: Last week Friday in our analysis GBP/USD was trading at 1.37800 We expect the pair to continue its downtrend to at least 1.37500 before a reversal after a bullish butterfly had formed on the M30 chart. Bears struggled to push GBP/USD lower than 1.37800 and the bulls managed to push the pair upwards back to...

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Here is what to expect RECAP: In our previous analysis EUR/USD was trading at 1.21160, we expected it to retrace back to 1.21000-1.20800 before a continuation to the upside. This is exactly what happened and EUR/USD hit 1.21428 triggering our buy stop which was closed by our system after registering at a false breakout as DXY was trading at previous support...

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Here is what to expect: RECAP: In our previous analysis we expected Gold to be bullish after it had formed an inverse head & shoulder pattern, we had our Buy stop positions at $1855 which was ignored by our system as it was registered as a false breakout . We managed however to capitalize on the bullish momentum which came from the disappointing CPI report...

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Here is what to expect in GBP/USD RECAP: In our previous analysis GBP/USD was trading at 1.38170, we expected a retracement from this level back to 1.38000-137800 before continuing its uptrend and GBP/USD did exactly that. Reaching highs of 1.38680, triggering our buy stop at 1.38400 which we closed at 1.38600 after noticing a bearish shark formation on the 4H...

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Here is an update on DXY RECAP: In our previous analysis on the DXY we expected the DXY to drop to 90.4-90.3 range and find some resistance in breaking below this range. We expected a rebound to 90.6 then a continuation to the downside. And this is what is currently happening at the moment. Currently DXY is trading at 90.6 WHAT TO EXPECT: We expect DXY to...

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Here is what to expect on Gold RECAP: In our previous analysis we expected Gold to be bullish We had buy stop positions opened at $1835 which were triggered and closed at $1848 banking 260 pips on gold over 20 positions Gold was met with resistance at the $1850-$1848 range and is currently trading at $1842. WHAT TO EXPECT: Gold continues to be bullish but we...